IMMO MUROS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO MUROS
Largest movements
- Tangible fixed assets -€27,387
down €27,387 (-2.8%), from €970,886 to €943,498
- Other debts +€99,234
up €99,234 (+124%), from €80,026 to €179,261
- Reserves -€80,414
down €80,414 (-44.1%), from €182,470 to €102,056
- Debts after one year -€48,544
down €48,544 (-7.4%), from €656,428 to €607,884
- Gross operating margin +€24,942
up €24,942 (+31.0%), from €80,588 to €105,530
- Taxes +€7,633
up €7,633 (+59.0%), from €12,943 to €20,575
- Depreciation +€1,176
up €1,176 (+4.5%), from €26,212 to €27,387
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €986,278 | €958,665 | -€27,613 | -2.8% |
| Fixed assets | 21/28 | €970,886 | €943,498 | -€27,387 | -2.8% |
| Tangible fixed assets | 22/27 | €970,886 | €943,498 | -€27,387 | -2.8% |
| Land and buildings | 22 | €970,886 | €943,498 | -€27,387 | -2.8% |
| Current assets | 29/58 | €15,392 | €15,167 | -€225 | -1.5% |
| Amounts receivable within one year | 40/41 | €1,064 | €0 | -€1,064 | -100% |
| Trade receivables | 40 | €1,064 | €0 | -€1,064 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €13,253 | €15,167 | +€1,914 | +14.4% |
| Deferred charges and accrued income | 490/1 | €1,075 | €0 | -€1,075 | -100% |
| Total equity and liabilities | 10/49 | €986,278 | €958,665 | -€27,613 | -2.8% |
| Equity | 10/15 | €188,670 | €108,256 | -€80,414 | -42.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €182,470 | €102,056 | -€80,414 | -44.1% |
| Distributable reserves | 133 | €182,470 | €102,056 | -€80,414 | -44.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €797,608 | €850,410 | +€52,802 | +6.6% |
| Amounts payable after more than one year | 17 | €656,428 | €607,884 | -€48,544 | -7.4% |
| Financial debts | 170/4 | €656,428 | €607,884 | -€48,544 | -7.4% |
| Amounts payable within one year | 42/48 | €139,142 | €241,365 | +€102,222 | +73.5% |
| Current portion of amounts payable after more than one year | 42 | €47,952 | €48,544 | +€591 | +1.2% |
| Financial debts | 43 | €4,059 | €3,860 | -€199 | -4.9% |
| Credit institutions | 430/8 | €4,059 | €3,860 | -€199 | -4.9% |
| Trade debts | 44 | - | €182 | +€182 | |
| Suppliers | 440/4 | - | €182 | +€182 | |
| Taxes, remuneration and social security | 45 | €7,104 | €9,518 | +€2,414 | +34.0% |
| Taxes | 450/3 | €7,104 | €9,518 | +€2,414 | +34.0% |
| Other amounts payable | 47/48 | €80,026 | €179,261 | +€99,234 | +124% |
| Accrued charges and deferred income | 492/3 | €2,038 | €1,161 | -€877 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,212 | €27,387 | +€1,176 | +4.5% |
| Other operating charges | 640/8 | €3,524 | €3,633 | +€109 | +3.1% |
| Gross operating margin | 9900 | €80,588 | €105,530 | +€24,942 | +31.0% |
| Operating profit (loss) | 9901 | €50,852 | €74,510 | +€23,657 | +46.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €10,175 | €9,874 | -€301 | -3.0% |
| Recurring financial charges | 65 | €10,175 | €9,874 | -€301 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €40,677 | €64,635 | +€23,958 | +58.9% |
| Income taxes | 67/77 | €12,943 | €20,575 | +€7,633 | +59.0% |
| Profit (loss) for the period | 9904 | €27,734 | €44,060 | +€16,326 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,734 | €44,060 | +€16,326 | +58.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.